Looking to diversify beyond HSTC.L? The ETFs below have the lowest correlation with HSTC.L — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from HSTC.L.
Best Diversifiers for HSTC.L
8 ETFs have low correlation with HSTC.L (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC FTSE 100 UCITS ETF GBP (HUKX.L) (Europe Equities) with a 1Y correlation of 0.20, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC FTSE 100 UCITS ETF GBP | 0.20 | 0.27 | 0.30 | 66 | Europe Equities | HSTC.L vs HUKX.L | |
| Invesco EURO STOXX Optimised Banks UCITS ETF | 0.20 | 0.26 | 0.27 | 72 | Financials Equities | HSTC.L vs S7XP.L | |
| HSBC Japan Sustainable Equity UCITS ETF USD | 0.24 | 0.20 | 0.23 | 66 | Japan Equities, Asia Pacific Equities | HSTC.L vs HSJP.L | |
| iShares Edge MSCI Europe Multifactor UCITS | 0.26 | 0.28 | 0.32 | 71 | Europe Equities | HSTC.L vs FSEU.L | |
| HSBC Europe Sustainable Equity UCITS ETF EUR | 0.26 | 0.30 | 0.32 | 60 | Europe Equities | HSTC.L vs HSEP.L |
See all 60 diversifiers for HSTC.L
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